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A New Jersey casino is reimbursing players in a poker tournament that was suspended after counterfeit chips were discovered. More than 2,100 entrants will get $560 from the Borgata Hotel Casino & Spa, and some of the top players will get $19,323 each.
Golden Gaming’s PT’s and Sierra Gold taverns are announcing a marketing agreement with the Hard Rock, where customers of the Southern Nevada locations can use their loyalty points for deals. The partnership is the first of its kind between a traditional tavern operator and a hotel-casino property.
New Jersey casinos brought in 15 percent more from online gambling in March over the previous month, but it wasn’t nearly enough to offset the diminishing revenue from Atlantic City’s long-struggling brick-and-mortar casinos.
Caesars Entertainment Corp. and the New York Mets extended their marketing and promotional agreement through 2018, which gives the casino company a presence at Citi Field, the Major League Baseball team’s home park.
The ink was hardly dry on lottery giant Scientific Games Corp.’s $1.5 billion buyout of slot machine manufacturer WMS Industries when the corporate management team was shaken up with a new CEO and chairman in November. An even larger transition could come later this year.
Harsh winter weatheres kept casino patrons at home in several states where companies such as Penn National Gaming, Isle of Capri Casinos, Pinnacle Entertainment and Boyd Gaming Corp. derive the bulk of their quarterly revenue.
Professional poker standout Phil Ivey has been sued in federal court by the Borgata in Atlantic City, which claimed the $9.6 million he won at the casino in 2012 was earned through cheating at high-stakes mini-baccarat.
One of the owners of land in Everett, Mass., that Wynn Resorts Chairman and CEO Steve Wynn wants to buy to build a casino is refusing to sign a promise that no secret owners would profit from the sale.
Slot machine manufacturer International Game Technology announced the company’s first multistate progressive jackpot network on Thursday, linking the games of two casino operators in Nevada and New Jersey.
The Bureau of Labor Statistics has crunched data to see which jobs have the highest concentration in each state relative to the rest of the U.S., and to no one’s surprise, the gaming industry came out on top in Nevada.
Atlantic City’s main casino workers’ union says the Revel, built at a cost of $2.4 billion, is worth between $25 million and $73 million.
Standard & Poor’s rating services 0n Tuesday lowered its corporate credit ratings on Caesars Entertainment Corp., painting a dire picture for the casino company that carries a gaming industry-high $23 billion in long-term debt.
Word is that the U.S. Treasury Department may soon require the casino industry to report the source of gambling funds used by their big spending high-rollers. The move is part of a stepped-up federal effort to crack down on money laundering.
Las Vegas-based CG Technology announced an agreement Monday that will license the company’s sports wagering products with one of Mexico’s leading casino operators.
The Salt River-Pima Indian Community has a real estate footprint in this city, 20 minutes east of downtown Phoenix, that makes the 67-acre CityCenter look like a strip mall.
